Need help?

Profitable Kitchen Appliances Startup Seeking Loan in Putrajaya, Malaysia

Provider of commercial ice maker machines with a rent-to-own program, serving F&B businesses, seeks funding.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 14 thousand
Run Rate Sales USD 14 thousand
EBITDA Margin 40 %
Industries Kitchen Appliances
Locations  Putrajaya
Local Time 6:10 AM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 23.7 thousand for 10.0% annual interest, 3 years (Native Currency: MYR 100,000)
Reason: To expand the rent-to-own commercial ice maker machine program by acquiring 37 additional units, tar... View More
Collateral Available: USD 0
Includes physical assets worth USD 23.7 thousand
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
Business Overview
- The business is currently managing 9 active machines under rent-to-own contracts with 36-month terms.
- Our revenue is derived from monthly rental instalments and maintenance service fees.
- The founder has extensive experience in vending & F&B equipment supply, with a strong network in the local foodservice industry.
- We have established relationships with trusted machine manufacturers and local service technicians, ensuring quality and reliability for clients.
- We have 3 permanent staff, including the 2 shareholders. - We plan to hire paid interns to handle maintenance for the 37 additional units, which we plan to acquire.
Products & Services Overview
We provide ice maker machines.
Our clients include cafes, restaurants, catering companies, hotels, convenience stores, and event organizers. The program allows businesses to own the machine after completing monthly payments, enabling them to enjoy a steady supply of fresh and hygienic ice while managing cash flow effectively.
Assets Overview
Tangible: 9 commercial ice maker machines under contract, office equipment, and servicing tools.
Intangible: Registered brand name, supplier agreements, customer contracts, and rent-to-own program structure.
Facilities Overview
Our 1,500 sq. ft. facility in Putrajaya is used for machine storage, assembly preparation, and servicing. It is on a secure long-term lease, strategically located for easy distribution to key F&B hubs in Klang Valley peninsular Malaysia.
Capitalization Overview
The business was funded with around MYR 60,000 by a director to start up and purchase stock.
There are no bank loans or external debts.
The company has 2 shareholders/directors:
Shareholder A – 80%
Shareholder B – 20%
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
8 Investors viewed this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more